Effects of Covid-19 Pandemic on Table Banking: A Survey of Selected Table Banking in Uasin Gishu County

Abstract

The Covid-19 pandemic has had an important impact on social processes of table banking which has been an important part of Kenya's economic and social life. It would be important to study how Covid 19 affected their profiles, especially economic viability. Covid-19 affected millions of lives and was not just a health concern but also threatened the world economy and livelihood of low-income earners. Operations of table banking in Kenya were affected by collapse of businesses, social distancing, restrictions on movements, and curfews. The objective of this study will be to evaluate economic effects of Covid 19 on the performance of table banking in Kenya. The chosen method of analyzing data for the research was thematic analysis. Without it, data cannot be analyzed thoroughly and accurately. Thematic analysis was carried out deductively through preconceived themes gained from the frameworks and inductively through themes derived from the interviewees’ responses. The themes under study were: savings patterns and credit risk management. A descriptive research design was employed in the study. Primary data collection methods entailed telephone interview schedules and observation. Secondary data was collected from both electronic and non-electronic repositories.